364 KENANGA INVESTMENT BANK BERHAD INTEGRATED ANNUAL REPORT 2025 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2025 53. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (q) Recognition and measurement by main class of Shariah contracts The recognition and measurement of each main class of Shariah contracts are dependent on the nature of the products, either financing or deposit products. The accounting policies for each of these products are disclosed in their respective policies. (r) Shariah Committees’ remuneration Remuneration in aggregate for Shariah Committees for the financial year is as follows: Group and Bank Remuneration received Fees Other emolument Total Committees members: 31 December 2025 Dr. Ghazali Jaapar 78,000 7,200 85,200 Dr. Mohammad Firdaus Mohammad Hatta 54,000 6,500 60,500 Dr. Fadillah Mansor 48,000 6,500 54,500 180,000 20,200 200,200 31 December 2024 Dr. Ghazali Jaapar 78,000 7,200 85,200 Dr. Mohammad Firdaus Mohammad Hatta 54,000 6,000 60,000 Dr. Fadillah Mansor 48,000 5,500 53,500 180,000 18,700 198,700 (s) Capital adequacy Group and Bank 2025 RM’000 2024 RM’000 CET 1/Tier 1 capital Islamic banking funds 120,000 120,000 Retained profits 111,150 94,126 Reserves 8,999 7,353 Less: Intangible assets (1) (1) 55% of cumulative gains on financial investments at FVOCI (1,517) (291) Regulatory reserve (991) (1,573) Total CET 1/Tier 1 capital 237,640 219,614 Tier 2 capital General provision 1,542 1,860 Total Tier 2 capital 1,542 1,860 Total capital 239,182 221,474
RkJQdWJsaXNoZXIy NDgzMzc=